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Shilpa Medicare soars on sale of Austrian subsidiary

Shilpa Medicare jumped 5.08% to Rs 350.75 after the company said its board approved sale of its Austrian subsidiary Loba Feinchemie to Austria s ZR Pharma. The turnover of Loba Feinchemie for the FY 2019-20 was Rs 50.19 crore, representing 5.53% of the consolidated turnover of Shilpa Medicare (Rs 908 crore). The networth of Loba Feinchemie as on 31 March 2020 was Rs 20.19 crore, which comes to 1.52% of the consolidated networth of Shilpa Medicare (Rs 1321 crore). The sale agreement was signed on 31 March 2021 and the company expects to complete the sale upon fulfilment of conditions of the share purchase agreement. The total consideration received from the sale is euro 3.3 million (approximately Rs 28 crore).

Poorer and minority older adults are suspicious of the US health care system

Skip to main content Currently Reading Poorer and minority older adults are suspicious of the US health care system - a new study shows why Sign In Marc Cohen, University of Massachusetts Boston April 1, 2021 FacebookTwitterEmail Marc Cohen, University of Massachusetts Boston and Jane Tavares, University of Massachusetts Boston (THE CONVERSATION) Just over two weeks before she died of complications from COVID-19 in December 2020, Dr. Susan G. Moore recorded a smartphone video from her bed in an Indiana hospital. In the recording, which went viral, the Black physician accused a white doctor of letting racial bias affect his medical decisions, from evading her requests for a CT scan, to playing down her pain complaints and refusing to prescribe additional narcotic painkillers.

OSE Immunotherapeutics Receives Authorization for Phase 1 Clinical Trial of its Multi-Target Multi-Variant COVID-19 Vaccine

OSE Immunotherapeutics Receives Authorization for Phase 1 Clinical Trial of its Multi-Target Multi-Variant COVID-19 Vaccine CoVepiT is a SARS-COV-2 vaccine activating T cell defenses through CD8 T-cell multi-epitope responses. CoVepiT epitopes are selected from 11 viral protein targets and designed to cover all initial and new emerging SARS-CoV-2 variants. CoVepiT, as second-generation vaccine, potentially provides long-term cellular immunity with memory T cells. Regulatory News: OSE Immunotherapeutics (ISIN: FR0012127173; Mnemo: OSE) today announced that the Belgian Federal Agency for Medicines and Health Products ( Agence Fédérale des Médicaments et des Produits de Santé AFMPS) and the Belgian Ethics Committee approved the Phase 1 trial evaluating its COVID-19 vaccine, named CoVepiT, on 48 healthy volunteers. First subjects are expected to be enrolled shortly.

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